Accuracy vs Latency

Quick Reference: Throughput vs Latency | Step 9: Observability


Quick Reference

Accuracy: Precise results, may take longer

Latency: Fast results, may be approximate

Trade-off: Exact algorithms vs approximate algorithms


Clear Definition

Accuracy vs Latency trade-off: Exact algorithms provide accurate results but may be slow. Approximate algorithms provide fast results but may be less accurate.

šŸ’” Key Insight: Use approximate algorithms when "good enough" is acceptable. Use exact when accuracy critical.


Core Concepts

Approximate Algorithms

  • Bloom Filters: Fast membership testing
  • HyperLogLog: Cardinality estimation
  • Sampling: Process subset of data

Exact Algorithms

  • Full Scan: Process all data
  • Exact Counts: Precise calculations
  • Complete Analysis: Full accuracy

Use Cases

Approximate

  • Real-time analytics
  • Large-scale counting
  • When "good enough" acceptable

Exact

  • Financial calculations
  • Critical decisions
  • When accuracy required

Best Practices

  1. Choose Based on Needs: Accuracy critical = exact, speed critical = approximate
  2. Hybrid: Approximate for real-time, exact for batch
  3. Monitor: Track accuracy vs latency

Quick Reference Summary

Accuracy: Precise results but slower.

Latency: Fast results but approximate.

Key: Choose based on requirements. Approximate when "good enough" OK.


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